Ph.D in Islamic Banking and Finance / PIBF

Ph.D in Islamic Banking and Finance / PIBF

Ph.D in Islamic Banking and Finance (PIBF) is awarded to graduates for a meaningful completion of doctoral research that advances the theory and principles of Islamic Banking and Finance from inter-disciplinary perspectives. Upon completion of a multi-disciplinary doctoral programme, the graduate is expected to undertake independent research and contribute to quality publications in their field of expertise

Programme Objectives

1. To attract and train high potential talent in Islamic Banking and Finance
2. To futher develop and enhance the theory and practice of Islamic Banking and Finance
3. To meet the global demand for expertise in Islamic Banking and Finance industry

Programme and Mode of Structure

Candidates for Ph.D in Islamic Banking and Finance are required to take 3 special requirement courses as a coursework requirement. These three courses are to be completed within the first year of the programme. Candidates must pass all the special requirement courses before they can proceed to the thesis.

Two courses are compulsory and one is elective course. The courses for the Ph. D programme are:

Research Areas

• Fiqh Muamalat in Islamic Banking and Finance
• Islamic Banking and Finance Law
• Performance and Efficiency of Islamic Banks and Takaful
• Economics Policy and Analysis of Islamic Banking and Finance
• Regulatory and Governance
• Takaful and Re-Takaful
• Investment Banking
• Islamic Wealth Management
• Islamic Capital Market
• Islamic Micro-Credit and Micro-Financing
• Corporate and Shari'ah Governance for Islamic Banking and Finance
• Waqf
• Risk Management

*Subject to availability of supervisors

Ph. D Thesis

Upon registration as doctoral student, the student is expected to prepare and submit thesis proposal for defense with the guidance of the thesis advisory committee within the prescribed period. Upon successful defense, the doctoral student is now a candidate to  undertake and complete the research for final submission for viva voce' to be examined by both internal and external examiners.

Following the viva voce, one of the following recommendations will be made:

• Pass
• Pass with minor revisions to be completed in six (6) months
• Pass with major revisions to be completed within the minimum period of six (6) to maximum period of twelve (12) months
• Resubmission with viva to be completed within the minimum period of twelve (12) to maximum period of eighteen (18) months
• Failure